Intercept Pharmaceuticals Falls As CEO Says It May Need Help Big Pharma's Help
Intercept Pharmaceuticals Inc. (ICPT) fell the most in more than a year as Chief Executive Officer Mark Pruzanski said he may need the help of a larger drugmaker to bring the company’s experimental liver-disease treatment to market. The complex and poorly recognized liver disorder, called nonalcoholic steatohepatitis or NASH, occurs most often in people who are overweight or have diabetes. Marked by a slow but dangerous buildup of fat and inflammation that can damage the liver, it’s symptomless early on and complicated to diagnose.
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